By SANDY SHORE
AP Business Writer
Pump prices have risen nearly 9 percent since Dec. 1 and topped $3.10 a gallon this week. That’s the highest level since October 2008. The price may rise or fall a little over the next few months, but analysts expect it to range between $3.20 and $3.75 gallon by March and April ahead of the summer driving season.
That means we Chicagoans will be paying around $4 a gallon.
When will our president be held accountable for the high gas prices as President Bush was? Mr. Obama could do four things right now to help: Drop his drilling moratorium in the Gulf, announce ambitious plans to drill elsewhere (Alaska, offshore, etc.), suspend the annual EPA regulations on gas formulations that add so much to what we pay at the pump, and drop the federal gas tax. But he will do none of them, because he believes in global warming, loves higher taxes, and has no respect for the U.S. energy industry. He will do nothing, that is, unless he is forced to do something, as has happened after his November shellacking.